You are here

Aussie home market cooling as banks tighten reins

Regulators step in after low mortgage rates and a flood of Chinese investments propel home prices 29% higher in three years
Tuesday, August 11, 2015 - 05:50


NICK Hart bought four homes in Adelaide in less than two years, and was getting ready to make an offer for a fifth, when a regulator-inspired move to cool the sizzling Australian property market spoiled his plans.

"I went to my bank for my next home loan and their response

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom